Solve the problem using the table below. In addition, options can be added to the base coverage including the following: identity theft/fraud protection-$20/year; sewer/sump pump backup protection-$75/year. Extended coverage endorsements beyond the maximum coverage amounts can also be added for specific personal property. Endorsements can be added for: jewelry, watches, and furs-$0.85/$100/year; camera equipment-$1.35/$100/year;computer equipment-$0.95/$100/year; fine art and collectibles-$1.10/$100/year; firearms and accessories-$1.45/ $100/year; and portable tools-$3.25/$100/year. A home with a replacement value of $343,000 is insured in a policy that contains an 80% coinsurance clause. The face value of the policy is $240,000 If a fire causes damage valued at $2000 find the amount of compensation to the owner by the insurance company.

$1600 $2000 $2286 $1749